Front Ventures (NGM:FRNT B) EV-to-FCF: -23.96 (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:FRNT B Front Ventures NGM:FRNT B
47 GF Score
Price kr14.06
GF Value kr2.54
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Front Ventures EV-to-FCF?

Front Ventures NGM:FRNT B +3.84% 47 EV-to-FCF is -23.96 as of Jul. 25, 2026. GuruFocus rates NGM:FRNT B with a GF Score™ of 47/100 and a GF Value™ of kr2.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 267 Credit Services companies, Front Ventures ranks worse than 374531.46% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Front Ventures's Enterprise Value is kr131.43 Mil. Front Ventures's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-5.49 Mil. Therefore, Front Ventures's EV-to-FCF for today is -23.96.

The historical rank and industry rank for Front Ventures's EV-to-FCF or its related term are showing as below:

NGM:FRNT B' s EV-to-FCF Range Over the Past 10 Years
Min: -43.21   Med: -2.89   Max: 9.11
Current: -23.62

During the past 11 years, the highest EV-to-FCF of Front Ventures was 9.11. The lowest was -43.21. And the median was -2.89.

NGM:FRNT B's EV-to-FCF is ranked worse than
100% of 267 companies
in the Credit Services industry
Industry Median: 13.7 vs NGM:FRNT B: -23.62

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-25), Front Ventures's stock price is kr14.06. Front Ventures's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr-2.926. Therefore, Front Ventures's PE Ratio (TTM) for today is At Loss.


Front Ventures  (NGM:FRNT B) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Front Ventures's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.06/-2.926
=At Loss

Front Ventures's share price for today is kr14.06.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr-2.926.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Front Ventures EV-to-FCF Related Terms


Front Ventures EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Front Ventures's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Front Ventures EV-to-FCF Chart

Front Ventures Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.71 -3.16 -4.94 -8.04 -13.35

Front Ventures Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.94 0.00 -8.04 0.00 -13.35

NGM:FRNT B vs V, MA, AXP: EV-to-FCF Comparison

For the Credit Services subindustry, Front Ventures's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Front Ventures EV-to-FCF vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Front Ventures's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Front Ventures's EV-to-FCF falls into.


NGM:FRNT B
47GF Score
Front Ventures NGM:FRNT B
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Front Ventures EV-to-FCF Calculation

Front Ventures's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=131.425/-5.486
=-23.96

Front Ventures's current Enterprise Value is kr131.43 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Front Ventures's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was kr-5.49 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of -23.96 mean?
Front Ventures (NGM:FRNT B) has a EV-to-FCF of -23.96 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Front Ventures and its competitors. According to the industry distribution chart, Front Ventures ranks #999999 out of 267 companies in the Credit Services industry.
Is Front Ventures' EV-to-FCF too high?
Front Ventures' current EV-to-FCF is -23.96. Based on the distribution chart, Front Ventures ranks #999999 out of 267 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Front Ventures has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Front Ventures' EV-to-FCF compare to V and MA?
According to the Credit Services industry distribution chart, Front Ventures ranks #999999 out of 267 companies for EV-to-FCF. This places Front Ventures in the lower half of its industry. The industry median EV-to-FCF is 13.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Credit Services company?
The median EV-to-FCF among Credit Services companies is 13.70, based on 267 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Front Ventures and its competitors. For the Credit Services industry, the median EV-to-FCF is 13.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Front Ventures's current EV-to-FCF is -23.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Front Ventures stock overvalued right now?
Based on GuruFocus' analysis, Front Ventures (NGM:FRNT B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.54, compared to a current price of kr14.06 — trading 453.5% above its estimated fair value. The current EV-to-FCF is -23.96. Front Ventures' overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Front Ventures (NGM:FRNT B), the current EV-to-FCF is -23.96 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Front Ventures (NGM:FRNT B) Overvalued in 2026?

Based on GuruFocus' analysis, Front Ventures stock appears to be overvalued. The current stock price of kr14.06 is trading 453.5% above its estimated GF Value™ of kr2.54. GuruFocus considers Front Ventures to be Significantly Overvalued.

Key valuation signals for NGM:FRNT B:

  • EV-to-FCF: -23.96
  • GF Value™: kr2.54 vs. price of kr14.06 (453.5% above fair value)
  • GF Score™: 47/100 with 4 warning signs

No single metric tells the full story. See the NGM:FRNT B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Front Ventures Business Description

Address Sibyllegatan 9, Stockholm, SWE, 114 42
Front Ventures is an investment company that focuses on the fintech sector. The firm focuses on acquiring and growing smaller public and unlisted companies, including those that may be undergoing a turnaround or need growth capital.
47GF Score

Get the complete analysis for NGM:FRNT B

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr14.06
Price
kr2.54
GF Value